Mortgage lead for Residential loan in Philadelphia, PA, 19143

Loan Request for Residential loan in Philadelphia, PA, 19143

Request #3733024 by Lender

Date Posted

5/5/2025 1:12:51 PM

Property at

Philadelphia, PA, 19143, USA Show Map

Borrower at

Property Type

Residential

Property Value

$640,000

Amount of Existing Loans

$340,000

Loan Request

$60,000

LTV

62.5 %

Credit Rating

550-579

Net Worth

$250,000 - $500,000

Loan Purpose

Second, Third or HELOC

Purpose

I purchased this property for 390K in 4/2023. It was just appraised for 600k 3 weeks ago. The current mortgage is 340K. I have completed 2 units by myself and left with the third and last unit and exterior work . Scope of work is 45K . All three units have been rented. The finished 2 leases start on July 1 and combined rent is 3600. third unit to be completed has been rented for august 1 with rent of 1950 a month. Loan purpose is for finishing the property and debt consolidation. ty.

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Loan Request for Residential loan in Philadelphia, PA, 19143